Vroom, Inc. Stock News

Vroom's announcement that it will purchase AI-enabled info provider CarStory shows how used-car retailers are increasingly relying on data science.

Acquisition adds industry's largest source of AI-powered market data plus advanced digital retailing services to Vroom's platform Acquisition adds industry's largest source of AI-powered market data p

Retail stocks have been all over the map this year. 2020 has resulted in boom or bust and a lot in between.

The unicorn IPO parade is set to begin in the week ahead, with DoorDash and Airbnb leading the way. A total of six IPOs and two SPACs are scheduled to raise $7.2 billion.

A drop in revenue and steep net losses aren't what Wall Street had in mind.

Jefferies initiated coverage of Vroom Inc (NASDAQ: VRM) and Carvana Co (NYSE: CVNA) on Friday and said one online car sales stock is a better investment opportunity than the other. The Analyst: Jeffer

On the surface, Vroom put up solid numbers for Q3, which should lift VRM stock. The fact that it hasn't should make you question it, though.

Vroom is selling more cars online, but bottom-line profits still elude. VRM stock trades for 2x next year's forecast sale, but the company's EBITDA and FCF losses are only growing higher.

A number of factors are driving the comeback in the auto market but a full recovery is still some way off. So there are still a number of undervalued stocks to choose from.

Vroom, Inc. (VRM) CEO Paul Hennessy on Q3 2020 Results - Earnings Call Transcript

Shares of Vroom Inc. fell more than 10% in the extended session Wednesday after the online used-car seller reported third-quarter results that beat Wall Street expectations but said it expects wider l

NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results fo